Exhibit 99.1 Kohl’s Reports First Quarter Fiscal 2024 Financial Results MENOMONEE FALLS, Wis.–(BUSINESS WIRE)—May 30, 2024– Kohl’s Corporation (NYSE:KSS) today reported results for the first quarter ended May 4, 2024. • Net sales decreased 5.3% and comparable sales decreased 4.4% • Regular price sales increased 2.4% with clearance impacting overall comp by more than 600 basis points • Gross margin increased 48 basis points • Diluted loss per share of $0.24 • Inventory declined 13% • Updates full year 2024 f ...